Stocks finish mostly lower as Fed downgrades economic outlook, rate-hike cycle. U.S. stocks were down for the most part on Wednesday after the Federal Reserve towed the line on interest rates and indicated there would be no additional hikes planned this year. The large-cap S&P 500 Index (NYSEARCA:SPY) declined 0.3% to close at 2,824.23. Losses…

VIX Volatility Index gives up initial gains post-FOMC. The CBOE VIX (NYSEARCA:VXX) traded within a narrow range on Wednesday as investors reacted to the Federal Reserve’s decision to keep interest rates on hold. The Chicago Board Options Exchange (CBOE) Volatility Index, commonly known as the VIX, reached a session high of 14.30. That would have marked…

Tilray Inc (NASDAQ:TLRY) is the latest major marijuana stock to release its report and it was in heavy need of a boost. But it appears that Tilray stock investors are going to have to wait a bit longer before they get the salve they’ve been waiting for.

CBOE VIX Volatility Index rises slightly as stocks face resistance. The CBOE VIX (NYSEARCA:VXX) moved higher on Tuesday, as stocks fell from five-month highs in the final hour of trading. The Chicago Board Options Exchange (CBOE) Volatility Index, also known as the “fear index,” traded between 12.37-13.59 on Tuesday. VIX would eventually settle at 13.54, having…

Stocks-rally comes undone in the final hour of trading. U.S. stocks finished mixed on Tuesday, as slumping utilities and discretionary shares weighed on the major indices. The Dow Jones Industrial Average (NYSEARCA:DIA) peaked north of 26,100 before backtracking in afternoon trading. The Dow 30 benchmark settled down 26.72 points, or 0.1%, at 25,887.38. The large-cap…

Last year was an anomaly in that there were few major tech initial public offerings (IPOs) worth getting riled up about. Snap Inc (NYSE:SNAP) was perhaps the last major tech IPO, and that took place in 2017 (and was very disappointing).

Stocks continue higher as the S&P 500 Index inches closer to record high. All of Wall Street’s major indices finished in positive territory, with the Dow Jones Industrial Average (NYSEARCA:DIA) overcoming a volatile morning. The blue-chip index was down 200 points before reversing course mid-morning. It finished up 65.23 points, or 0.3%, at 25,914.10. The…